Roth Computing contracted to provide computer software and support to the Ute Mountain Tribe. The chief financial officer (CFO) of the tribe, who was authorized to contract for it, signed the agreement which stated the contract could be enforced by a court. The parties carried out their respective responsibilities for eighteen months and then the tribe failed to make any more payments. On what basis should Roth claim the CFO had the authority to agree the tribe could be sued in court

Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e.g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)